Member Info for Mostyn

When do we actuslly get the cash?

"Our tech IS UP to the challenge"

Looks really interesting. Over 2800 cities and counties to potentially get online. Once the trial regions are successful (all going well), this will roll out. There seems to be so many avenues here and our tech is uo to the challenge. Im happy. Hopefully we can get back over a pound annd climb from there.

Agreed speman and Indi, Im not happy with the spread today, but I am topping up. I would not be surprised to see an aquisition RNS in the near future too.

Or buybacks are possibilities this year or purchass and expansion. This company is making a lot of cash and debt free. Shoild steadily re-rate in due course or just pop and have a big step up. Either way I expect an increased divi going forward so im pretty happy at the moment despite buying in at 155ish.

Thank conkersdeep

My shares were tendered and I cant find out where it gives the date the cash should hit my accounts? Is the deal not done until the shareholders get paid?

Another question I have is will there be any shorters/will you still be able to short this? If so there could be the chance of a short squeeze and a massive price spike?!?

So they wouldnt give me much and not sure how it'll go, but I'm going to hold my shares. My thoughts are they need another 20% of the company and a few people will have held for the extra 10 days to see what happens. It willbe close. If it gets to 90% we have to sell, if it doesnt, they wont meet the criteria to delist.........SO WHAT TO DO? Can anyone name any prior examples of a similar situation?

At this time Delek has not announced if they intend to delist from the TSX & AIM once the offer closes. The purchase of Common Shares by the Offeror under the Offer will reduce the number of Common Shares that might otherwise trade publicly and will reduce the number of holders of Common Shares and, depending on the number of Common Shares acquired by the Offeror, could materially adversely affect the liquidity and market value of any remaining Common Shares held by the public. As of the April 20th expiry to the Offer, Delek owns approximately 70.25% of the issued and outstanding. There are certain rules and regulations (set out below) which would lead to the cessation of trading and delisting of the Common Shares from the TSX, whether Delek intends to delist or not. ”According to the TSX Company Manual, the Common Shares may be involuntarily delisted if (i) the market value of the freely-tradable, publicly held Common Shares is less than $2,000,000 over any period of 30 consecutive trading days, (ii) the number of freely tradable, publicly held Common Shares is less than 500,000; or (iii) the number of public security holders, each holding a board lot or more, is less than 150 in each case exclusive of holdings of officers and directors of Ithaca and persons who own or control, directly or indirectly, 10% or more of the Common Shares. Depending upon the number of Common Shares purchased pursuant to the Offer, it is possible that the Common Shares would fail to meet the criteria for continued listing on the TSX. If this were to happen, the Common Shares could be delisted and this could, in turn, adversely affect the market or result in a lack of an established market for the Common Shares.” Should Delek obtain 90% of the Issued and outstanding shares during the mandatory 10 day extension, Ithaca can then proceed with a Compulsory Acquisition to obtain all of the shares of Ithaca, which at that point they could cause Ithaca to apply to delist the Common shares from the TSX and/or AIM as soon as practicable. The TSX Company Manual outlines when a shareholder vote may be required prior to delisting. Under Part VII Halting of Trading, Suspension and Delisting of Securities Please do not hesitate to contact me should you have any further questions. Regards, Linda... Linda Donaldson Account Manager LAUREL HILL ADVISORY GROUP

Part of the reason for the restructure is that the sp is way below NAV. Despite there being greater free float post restructure, I think this will continue hence sp going even lower. The other thing I dont like is the loss of the best assets to SEA. Do the Chinese brothers know something? If you got in circa 40p, this has been and will be a great investment. Buying in at todays price is a worry. IMO

There is a bit of risk to this one. If you get locked in post dividend, you have only chinese assets which are not all 100% leased on a relatively short leasehold ownership. The attractive Hong Kong and London assets which are longer leased have 100% occupancy, but will be owned by SEA AND NOT AGP!!!! Smells fishy. As long as the directors keep thier skin in the game it should be ok, but there is a huge risk the price will collapse disproportionately post dividend. IMO

12.7pence dividend giving a yield of 7-8% which is one of the highest in the city. STILL time to get in before this goes ex-dividend on the 27th April (Thursday). GLA Mostyn

With the prisons and court act being scrapped it will most likely be 2019/2020 before this rears its head again, if at all depending on the election. NAH have already taken significant steps tomitigate any risk from personal injury claim changes and IMO is ahead of the curve. Great growth potential in their other businesses too and decent dividend cover and cash generation. Not many shares in issue and the BOD have a decent amount of skin in the game. Im very positive about Nah.

So originally I thought I might short this, BUT having donevsome more research, I have bought shares and am going long.

Thanks Keith, great info. Im going to do somemore research. So your not going to tender then?

I hadnt thought of that, I might have another read through em and see if they can help wtg. Mostly just trying to tempt me into joining claim. Almost like a Jehovah witness calling round, just more pushy. They seem very unprofessional and I think they are just chancers. IMO

Your legal friend are really scratching if you ask me. Icontacted them before xmas to see what the go was and said I wasnt sure if I wanted to join the claim ir not and did not want to give any details. They gotvan email address out of me and have not stopped bothering me since. They have sent me lots of paperwork which I might add is litered with inaccuracies. They are giving me the hard sell, but I never told them I wanted to join tge claim for certain. I feel they will fail given all the information I have ammassed and im pretty happy with that as I have retained my holding in WTG throughout despite having a valid claim given I originally invested due to RT's comments and QPP/RT's misleading financial and regulatory statements. Hopefully YLF & SGH will both do one soon. ALB to all WTG holders. Heres hoping the ongoing restructuring continues and delivers some juicy fruit.

Can anyone tell me how long it will take hypothetically for delek to delist ithaca if they get over the 90% threshold? I haven't tendered or sold my shares and am very tempted to stay as a minority holder is they stay listed. Currently £1000 down which I'm not happy about, but could the shares fly on the limited free float? Opinions most welcome.

P i ss off the Delek offer and the canadian listing and solely go on the aim or even ftse sml/mid cap, get rid of the current bod and concentrate on growing IAE. Why should the PI's take all the pain and risk of the last few years and then be told "sorry no cream for you"!! Delek have not really done anything for us. They provided a bit of capital which we used to reduce debt at a convenient time. IAE would have survived without it and be in the same position we are now anyway. IMO Mostyn